Prince Pipes And Fittings Limited has informed the Exchange regarding Resignation of Shailesh Bhaskar as Company Secretary & Compliance Officer of the company w.e.f. February 24, 2026.
PRINCEPIPE · price
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Mr. Shailesh Bhaskar has resigned as Company Secretary and Compliance Officer of Prince Pipes and Fittings Limited, effective close of business hours on February 24, 2026. He cited personal reasons and pursuit of better prospects for his exit. He held no shares in the company and the company has stated there are no other material reasons for the resignation. He also ceases to be the Nodal Officer under IEPF rules and the KMP authorised for materiality determinations under SEBI Listing Regulations. The CFO, Anand Gupta, has signed the intimation to the exchanges on behalf of the company.
This is a routine KMP-level exit with no governance red flags — the reason is personal, no shares were held, and the company has acknowledged the resignation cleanly. Shareholders may want to watch for timely appointment of a new Company Secretary, as a prolonged vacancy in this compliance role could attract regulatory scrutiny, but near-term impact on the stock is expected to be minimal.